Key facts: Grayscale launches first Chainlink ETF; short volumes rise
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Grayscale is launching the first Chainlink exchange-traded fund (ETF) in the U.S. this week, converting its Chainlink private trust into an ETF, according to co-founder Nate Geraci.1Cumulative short volumes of Chainlink (LINKUSD) surpass long positions, indicating heavy shorting. A rise above $12.86 could lead to over $25 million in short liquidations, aiding price recovery.2
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